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How private equity is changing housing

(www.theatlantic.com)
115 points harambae | 1 comments | 09 Dec 25 17:26 UTC | HN request time: 0s | source
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danesparza ◴[09 Dec 25 19:43 UTC] No.46209616[source]▶
Corporations shouldn't be allowed to own residential properties. Period.
replies(4): >>46209666 #>>46209900 #>>46210434 #>>46210670 #
malfist ◴[09 Dec 25 19:47 UTC] No.46209666[source]▶
For every complex and difficult problem, there is a simple, easy and wrong solution.

If corporations can't own residential properties, how would anyone rent a house? How would home builders build model homes? How would Trusts manage real estate?

This is a complex and nuanced problem.

replies(3): >>46209864 #>>46209905 #>>46210108 #
bcrosby95 ◴[09 Dec 25 20:21 UTC] No.46210108[source]▶
> For every complex and difficult problem, there is a simple, easy and wrong solution.

Sure, but realize that also applies to the current status quo.

Also, you cannot create the 'right' solution to a complex, nuanced social problem. You can only slowly shift the problem over time, one 'wrong' solution at a time.

replies(1): >>46210145 #
1. malfist ◴[09 Dec 25 20:25 UTC] No.46210145[source]▶
Agree, but this simple solution isn't going to shift towards the right solution over time, and could very easily make housing shortage worse (especially as it would forbid home builders from making model homes, or keeping an inventory)